5 Best Stocks to Buy in 2022 According to Billionaire Mario Gabelli

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In this article, we will look at the 5 best stocks to buy in 2022 according to billionaire Mario Gabelli. If you want to skip our detailed analysis of Gabelli’s history, investment philosophy, and hedge fund performance, you can go directly to 10 Best Stocks to Buy in 2022 According to Billionaire Mario Gabelli.

5. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders: 69

GAMCO Investors’ Stake Value: $162.78 million

Percentage of GAMCO Investors’ Portfolio: 1.46%

Forbes has named American Express Company (NYSE:AXP) the 28th most valuable brand in the world. Among financial services brands, the company tops the list. According to GAMCO Investors’ first quarter 2022 13F filings, the firm owned 870,490 shares of the company worth $162.78 million. American Express Company (NYSE:AXP) makes up 1.46% of GAMCO Investors’ portfolio.

On June 6, Edward Jones analyst Kyle Sanders upgraded American Express Company (NYSE:AXP)’s shares from Hold to Buy. The analyst mentions that the company’s most recent projects to attract young customers have led the company to significant account growth.

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